WJ Wealth Management LLC lowered its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 8.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,670 shares of the company’s stock after selling 6,572 shares during the period. Invesco S&P 500 Momentum ETF comprises 3.7% of WJ Wealth Management LLC’s holdings, making the stock its 8th biggest holding. WJ Wealth Management LLC owned about 0.07% of Invesco S&P 500 Momentum ETF worth $8,722,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the stock. Cullen Frost Bankers Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $27,000. Schroder Investment Management Group acquired a new position in Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $26,000. Blue Trust Inc. acquired a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $31,000. Dunhill Financial LLC purchased a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC raised its stake in Invesco S&P 500 Momentum ETF by 117.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 305 shares of the company’s stock valued at $37,000 after purchasing an additional 165 shares during the period.
Invesco S&P 500 Momentum ETF Price Performance
Shares of Invesco S&P 500 Momentum ETF stock opened at $117.35 on Wednesday. The stock has a market cap of $13.32 billion, a PE ratio of 29.51 and a beta of 0.98. The business has a fifty day simple moving average of $119.08 and a 200-day simple moving average of $119.56. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $124.56.
Invesco S&P 500 Momentum ETF Profile
The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco.
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